On MSNBC’s Morning Joe today, I discussed Trump’s repeated falsehoods about illegal border crossings, which in truth remain near historic lows. Additionally, this segment of the population is far less likely to be incarcerated than native-born Americans. As with so many other issues, President Trump is taking substantial liberties (in other words, uttering falsehoods) about […]
On MSNBC’s Morning Joe today, Steven Rattner detailed Trump’s misleading claims about US trade with Canada – from the trade balance figures to the tariffs charged to the very real cost it’s inflicting on US companies and consumers. Lost in the commotion over President Trump’s attacks on Canadian Prime Minister Justin Trudeau is the fact […]
On MSNBC’s Morning Joe today, Steven Rattner discussed the lesson of past tariff experiences and likely impact of Trump’s import duties on the US economy. With the imposition of tariffs on steel and aluminum imports from some of our closest allies, we are now in a full-fledged trade dispute, if not an outright trade war. […]
On MSNBC’s Morning Joe today, Steven Rattner discussed Trump’s flip-flops on trade policy which has strained relationships with key allies and threatens to yield more tit-for-tat retaliation from key allies. Donald Trump has flip-flopped his way through many policy decisions (think North Korea), and high on that list of policies managed incoherently has been trade. […]
Steven Rattner testified this morning before the House Ways and Means Committee on tax reform. At a similar hearing, almost exactly a year ago, Steve outlined four tests that any sound bill should meet: 1) It should be deficit neutral, given projections for rising fiscal gaps 2) It should be fair and certainly not diminish […]
On MSNBC’s Morning Joe today, Steven Rattner discussed that contrary to Trump’s pronouncements that the economy is booming, several key metrics lag the performance of his predecessor. How strong is the economy? President Trump says far better than under President Obama; the data suggests otherwise. Let’s start with job growth. Since the dark days of […]
On MSNBC’s Morning Joe today, Steven Rattner discussed that unnecessary fiscal stimulus measures amidst a near full-employment economy warrants concern – rising interest rates are a natural response. Interest rates have been rising amidst growing concerns about the effect of rising federal budget deficits on an economy that is already near full employment. According to […]
On MSNBC’s Morning Joe today, Steven Rattner discussed that while Republicans maintain several mid-term election advantages, Trump’s historically low approval rating together with historically high G.O.P. retirements has opened the door for Democrats to reclaim the House. This past weekend’s round of opinion polls showed Donald Trump’s approval rate still stuck at 40% or even […]
On MSNBC’s Morning Joe today, Steven Rattner discussed that while China has been a terrible trading partner, Trump’s approach to fixing the problem has been disruptive and unnecessarily confusing. President Trump’s handling of the trade issue has arguably been ham-handed at best, but in at least one respect he is correct: China has been a […]
On MSNBC’s Morning Joe today, Steven Rattner discussed that despite Trump’s obsession with building a wall, illegal border crossings have been on a decades long decline with more non-Mexicans than Mexicans entering the States. President Trump is back haranguing about illegal border crossings from Mexico (perhaps because Congress denied him any significant funding for his […]